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You open an account today with a deposit of $ 1 0 , 0 0 0 . If the account pays a 7 % interest

You open an account today with a deposit of $10,000. If the account pays a 7% interest rate, what will your account balance be in six years?
(Assume annual compounding and that no other deposits or withdrawals are made. Round your answer to the nearest cent.)

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